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In syria we will weigh the investor implications later in the show, Sam Bankmanfried tells his side of the story as the disgraced ftx ceo takes the stand. It is friday, october 27th, 2023 you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. Happy friday lets kick off the hour with the check of the u. S. Stock futures. The dow would open up 100 points higher its early this comes after another rough session for stocks yesterday which saw the s p 500 close at the lowest level since may falling more than 1 for the week, every major index is down 1 or more led by the nasdaq eyeing three straight losing weeks red across the board the nasdaq is the hardest hit. S p down 3. 5 week to date a big part of this is microsoft and alphabet losing on the week and sheddi ....
Slipped. 06 . We can talk all we want about whats going to happen next week in terms of earnings, stocks. And we will. But this time our game plan begins oddly and strangely on a sunday. Sunday when the treasury secretary of the United States of america will be on meet the press addressing the fiscal cliff situation. As a student of secretary geithner who has studied every move i believe he will report we are going to avoid falling over the fiscal cliff and get deal. In part because the two sides arent that far apart. They sound like they are but they may not be. Both sides recognize that we will be in a recession very quickly, maybe even as soon as the second quarter. If they dont compromise. So listen to me. The tax hikes are so severe. [ audience boos ] the spending cuts, particularly the cuts to the military, are so draconian even some republicans who think a compromise is a total betrayal, they fear the economic consequences o ....
Whats going to happen next week in terms of earnings, stocks. And we will. But this time our game plan begins oddly and strangely on a sunday. Sunday when the treasury secretary of the United States of america will be on meet the press addressing the fiscal cliff situation. As a student of secretary geithner who has studied every move i believe he will report we are going to avoid falling over the fiscal cliff and get deal. In part because the two sides arent that far apart. They sound like they are but they may not be. Both sides recognize that we will be in a recession very quickly, maybe even as soon as the second quarter. If they dont compromise. So listen to me. The tax hikes are so severe. [ audience boos ] the spending cuts, particularly the cuts to the military, are so draconian even some republicans who think a compromise is a total betrayal, they fear the economic consequences of cliff jumping. Once a deal is reached. Tax ....
Slipping slightly, 0. 6 . We can talk all we want about whats going to happen next week in terms of earnings, stocks. And we will. But this time our game plan begins oddly and strangely on a sunday. Sunday when the treasury secretary of the United States of america will be on meet the press addressing the fiscal cliff situation. As a student of secretary geithner who has studied his every move, i believe he will trace out how we are going to avoid falling over the fiscal cliff and get a deal in part because the two sides arent that far apart. They sound like they are but they may not be. Both sides recognize that we will be in a recession very quickly, maybe even as soon as the second quarter. Ah if they dont compromise. So listen to me. The tax hikes are so severe. [ audience boos ] the spending cuts, particularly the cuts to the military, are so draconian even some of the most extreme republicans who think compromise is a total b ....
Investment Analysts’ new coverage for Tuesday, April 9th: Guggenheim initiated coverage on shares of Alpine Immune Sciences (NASDAQ:ALPN). Guggenheim issued a buy rating and a $55.00 price target on the stock. Needham & Company LLC assumed coverage on shares of Amkor Technology (NASDAQ:AMKR). The firm issued a buy rating and a $40.00 price target on […] ....